Summary - PALESTRA LODGE FLAT 12 THE WATERLOO CIRENCESTER GL7 2PZ
2 bed 1 bath Apartment
**Standout Features:**
- Chain-free sale for over 55’s
- Top floor apartment with lift access
- 2 bedrooms with built-in wardrobes
- Kitchen/dining room and living room
- Allocated residents parking space
- Quiet, central location near Abbey Grounds park
- Approximately 609 sq. ft. of living space
- Service charge of £3,003.36/year
- 61 years left on lease (option for a new 99-year lease available)
**Potential Concerns:**
- Requires renovation
- Mortgage lenders may refuse due to short lease
This charming top-floor apartment, located in the heart of Cirencester, is designed exclusively for those over 55 and is ideal for independent retirement living. Offering a generous 609 sq. ft. of space, it features two well-sized bedrooms with ample built-in storage, a welcoming living room filled with natural light, and a convenient kitchen/dining room. The lift access and allocated residents parking ensure ease of living, allowing you to enjoy your golden years in comfort.
While the property does require some modernization to bring it up to date, this presents an excellent opportunity for personalization. Situated on a quiet no-through road next to the Abbey Grounds park, you’ll find a wealth of cultural attractions and essential amenities within easy reach, including shops, cafes, and the stunning local park. However, with 61 years remaining on the lease, it’s essential to consider possible mortgage restrictions; a new 99-year lease is available upon purchase. Don't miss out on this unique chance to invest in a property with great potential in a prime location—opportunities like this won't last long!
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